4350.6-CHG.3 Chapter 9. Resident Homeownership Program
b. The forms of homeownership a RC may use. c. The procedures a RC must follow in its attempt to purchase the project. 2. Section B describes the requirements for Resident Homeownership Plans (RHPs) submitted by RCs seeking funds to purchase the project when the mortgage on the project is to be prepaid. The following conditions apply: ................
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